Known for his business acumen and real estate investing, as well as his career as a professional poker player and owner of a major league baseball team, Jerry Buss is said to have a net worth of $600 million in 2022. part of Jerry Buss’ fortune came from his ownership of the Los Angeles Lakers basketball franchise, which he controlled as majority owner. Additionally, he was a former owner of the WNBA’s Los Angeles Sparks, NHL’s Los Angeles Kings, and NBA’s Los Angeles Lakers.
Jerry Buss net worth 2022
| Net value : | $600 million |
| Profession: | Businessman |
| Age: | 80 years old |
| The country: | United States |
| Not: | January 27, 1933 |
| Salary: | $50 million |
| Last update: | 2022 |
Jerry Buss early life
Jerry Buss was born in Salt Lake City and raised in Kemmerer, Wyoming by a single mother during the height of the Great Depression.. He is the author of the novel The Greatest Show on Earth. A very young child remembers waiting in a line of bread for food as one of his first memories as a young child.
Jerry’s dedication won him a scholarship to the University of Wyoming, where he graduated in just 2.5 years. Jerry had already earned a master’s and a doctorate in chemistry from the University of Southern California when he was 24 years old.
Jerry Buss Career
House and properties:
After graduation, he worked as a chemist and for a short time in the aerospace industry before returning to the University of Southern California as a faculty member in the chemistry department. While working as a teacher at USC, Jerry began investing in real estate in the Los Angeles area to supplement his teacher’s salary with extra income.
Jerry’s side business soon became so profitable that he was able to completely abandon his teaching career and devote his time and energy solely to real estate. Jerry Buss would eventually become a very wealthy individual.
Sports Team Ownership:
By 1979, Jerry had raised enough money to buy the Los Angeles Lakers, Sacramento Kings and Forum Sports Complex for a total of $67.5 million. In real money terms, that equates to $213 million. During this period, it was the most expensive sports franchise acquisition in history, and under Jerry’s leadership, the Lakers won their first of ten NBA championships in less than a year. The Los Angeles Lakers are one of the most successful and well-known sports franchises in history, with a market capitalization of over $1 billion.
Buss bought the Sparks in 2002, when the WNBA changed its structure to allow each team to have its own owner. In 2006 he sold the team to a third party. Additionally, Buss acquired the Los Angeles Lazers of the Major Indoor Soccer League. The Lazers also played a show at The Forum in New York. In 1989 the team went out of business and three years later the league went out of business as well.
In recognition of his contributions to sports, he was inducted into the Basketball Hall of Fame in 2010. The American Academy of Achievement presented Buss with the Golden Plate Award in 1983 for his contributions to society.
poker player:
For several decades, Buss competed in high-stakes cash tournaments, but as he got older he began to focus more on tournaments and less on cash games. One of his best performances came in a seven-card stud tournament at the 1991 World Series of Poker, and the other in a World Poker Tour Freeroll tournament in 2003, in which he finished second. . He has also appeared on the GSN poker show High Stakes Poker as well as the NBC late night show Poker After Dark, among other projects.
Other works:
Buss was the producer of the 1974 film Black Eye, which starred Fred “the Hammer” Williamson, a retired grill star who had a starring role in the film.
Buss was the owner and operator of the Playboy Club in Phoenix.
Jerry Buss on height, weight and age
| Net value | $600 million |
| name | jerry bus |
| Age | 80 |
| Height | (1.73m) |
| Weight | 80KG (approx) |
| Profession | Businessman |
| Date of Birth | January 27, 1933 |
| Place of birth | United States |
| Nationality | American |
| Income | $50 million (annual) |
| Joint | Joanne Mueller |
Jerry Buss Personal Life
Additionally, Buss was a talented poker player who competed at a professional level. Dr. Jerry Buss died February 18, 2013 in a Los Angeles hospital after a long battle with cancer. He had been battling the disease for several years. He is survived by six children, all active members of the Los Angeles Lakers organization.
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jerry bus Death
Buss was confined to a hospital bed for several months in 2012 due to an unidentified digestive illness. He decided not to attend a Lakers game from the start of the 2012–13 season until he turned 80 in 2013. He cited medical reasons for his decision. Buss had been battling cancer since 2012, according to information released four days before his death the same year.
After being admitted to Cedars-Sinai Medical Center with an unidentified form of cancer in February 2013, he died of kidney failure the following month at the age of 80.
